Trump wants private equity CEO and philanthropist Bill Pulte as the next director of the Federal Housing Finance Agency.

UWM Holdings Corporation (NYSEUWMC) (“UWMC”) announced today that its direct subsidiary, UWM Holdings, LLC (“UWM Holdings”), priced its offering of $800 million aggregate principal amount of 6.625% senior notes due 2030 (the “Notes”). The aggregate principal amount of the offering was increased from the previously announced offering size of $500 million. The Notes will be guaranteed on a senior unsecured basis by UWM Holdings’ wholly-owned subsidiary, United Wholesale Mortgage, LLC (“United Wholesale Mortgage”), and will rank pari passu in right of payment with United Wholesale Mortgage’s existing senior unsecured notes by virtue of such guarantee. UWM Holdings expects the closing of the Notes to occur on December 10, 2024, subject to customary closing conditions. The Notes will have an interest rate of 6.625% and will be issued at a price of 100% of their face value.

UWM Holdings Corporation (NYSEUWMC) (“UWMC”) announced today that its direct subsidiary, UWM Holdings, LLC (“UWM Holdings”), has commenced a private offering of $500 million aggregate principal amount of senior notes due 2030 (the “Notes”). The Notes will be guaranteed on a senior unsecured basis by UWM Holdings’ wholly-owned subsidiary, United Wholesale Mortgage, LLC (“United Wholesale Mortgage”), and will rank pari passu in right of payment with United Wholesale Mortgage’s existing senior unsecured notes by virtue of such guarantee.

UWM Holdings Corporation (NYSEUWMC) (the "Company"), the publicly traded indirect parent of United Wholesale Mortgage (“UWM”), today announced its results for the third quarter ended September 30, 2024. Total loan origination volume for the third quarter 2024 was $39.5 billion, of which $26.2 billion was purchase volume. The Company reported 3Q24 net income of $31.9 million, inclusive of a $446.1 million decline in fair value of MSRs and a $226.9 million gain on other interest rate derivatives.

UWM Holdings Corporation (NYSEUWMC), the publicly traded indirect parent of United Wholesale Mortgage (UWM), the #1 overall mortgage lender, wholesale and purchase mortgage lender in the U.S., will announce its third quarter 2024 results on Thursday, November 7, 2024.

Today we got a taste of that as markets re-price the impact of the Fed rate cuts due to kick in in a few weeks. A strong barrage of selling hit stocks - flattening marquee growth and tech names, especially.

Homebuyers are hesitant due to expected decline in mortgage rates, causing slow sales. Refinancing activity also shows slight decline.

Cramer gives his take on E.l.f Beauty, Acadia Pharmaceuticals, B&G Foods, Lucid, SoFi, Dell, Johnson & Johnson, UWM and Symbotic.

New Wedbush price targets have been issued for each of the following seven stocks, including a few that may come as a surprise to some.

Mortgage rates hit 1-year low, benefiting homebuyers & existing homeowners. Goldman Sachs predicts higher home prices due to Fed rate cuts.

UWMC stock results show that UWM Hldgs missed analyst estimates for earnings per share and missed on revenue for the second quarter of 2024.

UWM Holdings Corporation (NYSEUWMC) (the "Company"), the publicly traded indirect parent of United Wholesale Mortgage (“UWM”), today announced its results for the second quarter ended June 30, 2024. Total loan origination volume for the second quarter 2024 was $33.6 billion, of which $27.2 billion was purchase volume. The Company reported 2Q24 net income of $76.3 million, inclusive of a $115.3 million decline in fair value of MSRs, net, and diluted earnings per share of $0.03.

UWM Holdings Corporation (NYSEUWMC), the publicly traded indirect parent of United Wholesale Mortgage (UWM), the #1 overall mortgage lender, wholesale and purchase mortgage lender in the U.S., will announce its second quarter 2024 results on Tuesday August 6, 2024.

An unanticipated surge in popularity for the WNBA could prove to be a marketing slam dunk for these three companies with WNBA partnerships.

US-listed mortgage lenders are rising as regulators allow Freddie Mac to buy second mortgages, potentially reducing the cost of borrowing against home equity.

UWMC stock results show that UWM Hldgs beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.

UWM Holdings Corporation (NYSEUWMC) (the "Company"), the publicly traded indirect parent of United Wholesale Mortgage (“UWM”), today announced its results for the first quarter ended March 31, 2024. Total loan origination volume for the first quarter 2024 was $27.6 billion, of which $22.1 billion was purchase volume. The Company reported 1Q24 net income of $180.5 million, inclusive of a $15.6 million decline in the fair value of MSRs, and diluted earnings per share of $0.09.